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It can be anything. It can be the very thing you fear most. It sleeps for years and then resurfaces to feed on children. It feeds on their fears. In order to do that, it becomes what they’re afraid of. It can be anywhere. It knows what scares you. It uses that to get to you. That is what makes It one of the most terrifying abstract figures in literature.

Best known as its favorite and primary form as Pennywise the Dancing Clown, It comes from the 1986 1000+-page novel by Stephen King, titled “It.” In the novel, it’s a mysterious, frightening entity that can’t be explained (well, technically, it is kind of explained in King’s “Dark Tower” series) and can be vanquished by its would-be victims by one thing: overcoming fear. The lesson here is, in conquering fear, you gain power, which is something the characters learn in King’s novel, the 1990 two-part TV miniseries, and now this 2017 cinematic upgrade, all of which are titled “It.”

However, until you get to that point, there’s a whole lot going bump in the night…

The basic idea of all three platforms of “It” is something that’s fascinated me since I first watched the miniseries at age 10: fears coming to life, terrorizing children and only being defeated by facing them head-on. The miniseries doesn’t entirely work, but there are elements from King’s original novel that still do, and I wondered what could be done with a current theatrical reboot. And how did this 2017 upgrade turn out, directed by “Mama” director Andy Muschietti?

Well, if you saw the Verdict above, you’re not surprised when I say “It” is a blast!

After spending a half-decade in development hell, it’s nice to see that the final product of “It” is very well-made and effective at capturing the essence of the book while also becoming more or less its own thing. The novel and the miniseries told two stories—one involved a group of seven outcast children facing off against It, the other involved those same kids grown up and facing It again upon its return. This film only tells one: the kids’ story. That’s right—this is only “Chapter One,” and it makes way for a “Chapter Two,” in which 27 years later (or in our movie world, 2 or 3 years), both It and our heroes (grown up) will return.

(I would issue a SPOILER ALERT, but who doesn’t know by now that this is part of a two-story…story?)

Thankfully, this “Chapter One” of “It” doesn’t feel like it needs a “Chapter Two.” “It” has the power to stand on its own feet with just enough buildup and payoff to the stories of these characters and does not necessarily rely on a future installment to answer important questions. It’s a strong narrative that satisfies, intrigues, and yes, frightens.

Our protagonists are a group of 11-12-year-old outcasts that form together because they’re bullied, they come from unhappy homes, and their friendship is the best thing they can ask for in an otherwise boring summer. They call themselves The Losers Club and are constantly harassed by adults who don’t understand them and a sadistic bully and his cohorts. They also have each seen It in many different forms (followed by the clown form)—for stuttering Bill (Jaeden Lieberher), it’s his little brother Georgie, who is missing and presumed dead despite Bill’s persistent search for him; for hypochondriac Eddie (Jack Dylan Grazer), it’s a leper; for Jewish Stanley (Wyatt Oleff), it’s a horrifying painting in his rabbi father’s office; for home-schooled and lone black kid Mike (Chosen Jacobs), it’s his parents being burned alive; for the club’s lone girl Beverly (Sophia Lillis), it’s her demented father and possibly menstruation (…you’ll see in the movie); for overweight new kid Ben (Jeremy Ray Taylor), it’s the morbid history of his new town (of Derry, Maine); and for cut-up Richie (Finn Wolfhard), it’s…clowns. (Tough break there, Richie.) They come to each other about their own experiences with Pennywise (Bill Skarsgard) and learn more about It. Bill, desperate to get his brother back in the hopes that he’s still alive, rallies his friends together to fight back.

The main strengths of “It” come from the development of these young characters, what they go through in this town, and what they’re most afraid of that they must overcome in order to survive. At 2 hours and 10 minutes, “It” takes the proper time necessary to flesh out all seven of these kids and give the audience a good sense of who they are, what they’ve gone through, and what kind of people they’ll become. When they’re together, it’s gripping material (it’s, I dare even say, of of “Stand By Me” quality, to quote another King adaptation). All of these young actors are excellent and easily watchable, and you really buy them as friends. When they’re alone, it’s unnerving—whenever each of these characters goes through something unsettling, you fear for them because they are terrified. From the opening scene, which pulls a big no-no in modern horror movies (disposing of a young child), you know this thing is powerful, terrifying, and out there. And it’s targeting these poor kids, who have enough to go through already.

Those scenes put a chill down my spine, but that’s not to say Pennywise the Clown isn’t scary. On the contrary. Portrayed by Skarsgard in a nice mixture of performance and CGI, Pennywise is not to be ignored in this film. You don’t see as much of him as you would expect from the trailer, but when he does show up, I’ll just say it’s pretty unnerving. Skarsgard doesn’t imitate Tim Curry’s popular portrayal of the character from the miniseries; instead, he makes the role his own.

I admired “It” for taking the time to carefully establish the horrors faced by the characters instead of simply making it a freak show with a demented killer clown at the center. While there is some gore and some jump-scares, this is a horror film that relies heavily on tension and psychological terror. By the time the film reached its inevitable hard-hitting horror-movie traditional climax, it’s hard not to root for the kids to succeed in both conquering their fears and beating It as harshly as possible. (You could practically call the film a “superhero movie” in how it goes about its final act.) “It” stays true to the essence of King’s scary novel (while making some notable changes and omitting certain questionable aspects from the novel), and it’s a great thrill ride as a result.